1) JPMorgan Chase, America’s largest bank, just made a big bet on housing—a $750B bet to be exact. At a time when most people hope home prices will fall, JPMorgan is gearing up to lend and invest in a huge way. Could this be a sign that those who buy now will be thanking themselves in the years to come?

2) It’s another housing market update! First, we’re touching on whether or not the market has already peaked in 2026. We still have four full months left in the year, but with home sales falling in July, it could signal that the hot summer is starting to cool. But a surprising type of home is still selling fast—it’s not the newly renovated house flip—it’s the ugly, outdated home next door

Do we think the Fed Chief will raise rates anytime soon?

My guess is no, or not much, and only if a serious happening takes place.

But I am not as concerned about the rates as I am the asking prices. In my little part of the world people are still wanting a lot more than the place is worth. It is proven by days on market.

Seems a lot of people decided that they would sell for a huge profit but didn't really take the condition of the property into consideration.

One place I was looking at dropped about 20% and is now pending. No clue what it actually went for. I wanted to toss an insulting offer toward it but was told not to.

I'm also watching my local market closely. I'm seeing slight price cuts and places sitting for awhile. T-bills are returning nearly 4% risk free. Why would anyone sink a bunch of money into overpriced real estate for a COC return less than that? Makes no sense and that fact alone means either income has to rise such that COC return is at least 10% or that price has to drop significantly.